---
title: "Globe Enterprises (India) Ltd (GLOBE) — Share Price, Financials & Analysis"
symbol: "GLOBE"
company: "Globe Enterprises (India) Ltd"
canonical: "https://tapetide.com/stocks/GLOBE"
isin: "INE581X01021"
nse_symbol: "GLOBE"
sector: "Textiles"
industry: "Textiles - Products"
market_cap_cr: 83.78
generated_at: "2026-09-13T19:14:15.096Z"
---

# Globe Enterprises (India) Ltd (GLOBE)

Canonical page: https://tapetide.com/stocks/GLOBE

## Company

- **NSE Symbol:** GLOBE
- **ISIN:** INE581X01021
- **Sector:** Textiles
- **Industry:** Textiles - Products
- **Macro Sector:** Consumer Discretionary
- **Stock Type:** EQUITY
- **Listed Since:** 2017-06-23
- **CEO:** Mr. Bhavin Suryakantbhai Parikh
- **Employees:** 674
- **Face Value:** ₹2
- **F&O Eligible:** No
- **Website:** globetextiles.net

## About

Incorporated in 1995, Globe Textiles (India) Ltd is involved in trading and manufacturing of textile products[1]

## Latest Price

- **Price:** ₹1.81
- **Change:** -0.04 (-2.16%)
- **Open:** ₹1.84
- **Day High:** ₹1.86
- **Day Low:** ₹1.8
- **Previous Close:** ₹1.85
- **Volume:** 422290
- **As Of:** 2026-09-11T10:24:45+00:00

## Key Fundamentals

Observed at 2026-09-11T04:42:27.848675Z.

- **Market Cap:** ₹83.78 Cr
- **Classification:** Microcap
- **P/E (reported):** 7.7
- **P/E (TTM):** 7.87
- **EPS (TTM):** ₹0.23
- **Book Value:** ₹3.37
- **Price to Book:** 0.55
- **Dividend Yield:** 0%
- **ROE:** 6.51%
- **ROCE:** 18.33%
- **Debt to Equity:** 1.14
- **Revenue (yearly):** ₹642.4 Cr
- **Net Income:** ₹8.79 Cr
- **EBITDA:** ₹30.1 Cr
- **52-Week High:** ₹3.29
- **52-Week Low:** ₹1.8
- **RSI (14):** 33.22

## Tapetide Score

- **Score:** 49 / 100
- **Score date:** 2026-09-04
- **Archetype:** Cheap but Weak
- **What it means:** A low multiple sitting on weak financials. Worth establishing what the market is discounting before treating the low valuation as an opportunity — weak fundamentals often justify it.
- **Pillar profile:** Quality: Weak · Valuation: Cheap · Momentum: Falling
- **Percentile:** 43.6 (of 4473 scored stocks)
- **Confidence:** 98%
- **Data coverage:** 95%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 30.2 | 9% |
| growth | 65.45 | 9% |
| momentum | 19.57 | 12% |
| ownership | 50 | 24% |
| quality | 47.1 | 22% |
| valuation | 65.05 | 24% |

The Tapetide Score is decision-support only, not investment advice.

## Key Insights

### Strengths

- Stock is trading at 0.56 times its book value

### Weaknesses

- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- Promoter holding is low: 34.4%
- Company has a low return on equity of 6.61% over last 3 years.
- Promoter holding has decreased over last 3 years: -6.56%

## Growth Rates

| Metric | QoQ | 1Y | 3Y |
| --- | --- | --- | --- |
| cash flow growth | — | -247.06% | -910.19% |
| ebitda margin growth | 26.32% | -20.65% | -21.05% |
| net income growth | 123.08% | -7.47% | -1.24% |
| revenue growth | 2.67% | 14.37% | 10.98% |
| roce | 31.5% | -6.14% | -6.14% |
| roe | 129.13% | -14.12% | 7.05% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 110.88 | 103.67 | 107.94 | 124.42 | 147.96 | 151.59 | 130.02 | 148.28 | 156.56 | 159.46 | 178.1 | 184.51 |
| Expenses | 103.91 | 99 | 105.91 | 118.99 | 140.88 | 145.71 | 123.23 | 137.77 | 149.11 | 150.34 | 172.43 | 175.24 |
| Operating Profit | 6.97 | 4.67 | 2.03 | 5.43 | 7.08 | 5.88 | 6.79 | 10.51 | 7.45 | 9.12 | 5.67 | 9.27 |
| OPM % | 6.29 | 4.5 | 1.88 | 4.36 | 4.79 | 3.88 | 5.22 | 7.09 | 4.76 | 5.72 | 3.18 | 5.02 |
| Other Income | 0.28 | 2.94 | 7.66 | 3.2 | 2.23 | 2.73 | 0.68 | -2.47 | 2 | 1.07 | 1.91 | 0.32 |
| Interest | 3.62 | 4.03 | 3.7 | 3.8 | 3.51 | 3.57 | 4.92 | 4.32 | 4.05 | 4.55 | 4.63 | 4.65 |
| Depreciation | 1.19 | 1.24 | 1.21 | 1.26 | 1.3 | 1.3 | 1.26 | 1.25 | 1.24 | 1.25 | 1.23 | 1.24 |
| Profit before tax | 2.44 | 2.34 | 4.78 | 3.57 | 4.5 | 3.74 | 1.29 | 2.47 | 4.16 | 4.39 | 1.72 | 3.7 |
| Tax % | 22.54 | 18.8 | 40.79 | 23.81 | 15.56 | 22.19 | 95.35 | 43.32 | -7.45 | 53.99 | 26.74 | 21.35 |
| Net Profit | 1.88 | 1.9 | 2.84 | 2.71 | 3.8 | 2.92 | 0.06 | 1.4 | 4.46 | 2.02 | 1.27 | 2.91 |
| EPS in Rs | 0.04 | 0.04 | 0.07 | 0.06 | 0.08 | 0.06 | 0 | 0.03 | 0.1 | 0.04 | 0.03 | 0.06 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
| --- | --- | --- | --- | --- |
| Sales | 459 | 554 | 642 | 679 |
| Expenses | 441 | 529 | 610 | 647 |
| Operating Profit | 17 | 25 | 33 | 32 |
| OPM % | 3.8 | 4.5 | 5 | 4.6 |
| Other Income | 15 | 9 | 3 | 5 |
| Interest | 15 | 16 | 18 | 18 |
| Depreciation | 5 | 5 | 5 | 5 |
| Profit before tax | 12 | 13 | 13 | 14 |
| Tax % | 29 | 28 | 28 | — |
| Net Profit | 9 | 10 | 9 | 11 |
| EPS in Rs | 0.2 | 0.21 | 0.2 | 0.23 |
| Dividend Payout % | 0 | 0 | 0 | — |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- |
| Equity Capital | 60 | 90 | 90 |
| Reserves | 57 | 56 | 56 |
| Borrowings | 121 | 148 | 167 |
| Other Liabilities | 76 | 91 | 99 |
| Total Liabilities | 314 | 385 | 412 |
| Fixed Assets | 66 | 77 | 61 |
| CWIP | 3 | 0 | 0 |
| Investments | 0 | 0 | 0 |
| Other Assets | 244 | 308 | 350 |
| Total Assets | 314 | 385 | 412 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- |
| Cash from Operating Activity | 12 | -18 | -4 |
| Cash from Investing Activity | -1 | -36 | 2 |
| Cash from Financing Activity | -11 | 54 | 1 |
| Net Cash Flow | 0 | 0 | 0 |
| Free Cash Flow | 10 | -21 | -2 |
| CFO/OP | 92 | -59 | -5 |

### Ratios

| Item | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- |
| Debtor Days | 89 | 107 | 110 |
| Inventory Days | 101 | 95 | 92 |
| Days Payable | 62 | 61 | 52 |
| Cash Conversion Cycle | 128 | 142 | 150 |
| Working Capital Days | 45 | 49 | 51 |
| ROCE % | — | 10 | 11 |

## Shareholding Pattern

### Quarterly

| Category | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 40.91% | 40.91% | 42.11% | 42.11% | 42.11% | 42.11% | 31.78% | 31.78% | 32.84% | 34.35% | 34.35% | 34.35% |
| FIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| DIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 56.95% | 57.07% | 41.08% | 55.54% | 49.43% | 51.15% | 58.37% | 58.42% | 57.86% | 56.79% | 56.27% | 56.8% |
| Others | 2.15% | 2.02% | 16.81% | 2.36% | 8.46% | 6.74% | 9.85% | 9.8% | 9.3% | 8.86% | 9.38% | 8.85% |
| No. of Shareholders | 57494 | 55708 | 57085 | 68545 | 71090 | 76143 | 81681 | 80567 | 79320 | 77505 | 74801 | 73079 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 5 / 2 / 12

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 1.88 | Sell |
| EMA (10) | 1.88 | Sell |
| SMA (20) | 1.94 | Sell |
| EMA (20) | 1.93 | Sell |
| SMA (50) | 2.04 | Sell |
| EMA (50) | 2.03 | Sell |
| SMA (100) | 2.2 | Sell |
| EMA (100) | 2.16 | Sell |
| SMA (200) | 2.42 | Sell |
| EMA (200) | 2.31 | Sell |

### Oscillators — summary: **Strong Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 29.76 | Buy |
| MACD (12,26,9) | -0.06 | Sell |
| Stochastic (14,3,3) | 9.2 | Buy |
| ADX (14) | 53.36 | Buy |
| Williams %R (14) | -96.55 | Buy |
| ATR (14) | 0.08 | High Volatility |
| ROC (12) | -11.27 | Sell |
| Stoch RSI (14) | 10.99 | Buy |
| UO (7,14,28) | 37.96 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-08-26 | [Copy of Newspaper Publication](https://nsearchives.nseindia.com/corporate/GLOBE_26082026161629_NewspapeAdGlobePostDispatchSigned.pdf) |
| 2026-08-22 | [Copy of Newspaper Publication](https://nsearchives.nseindia.com/corporate/GLOBE_22082026130711_NewspaperAdvtGlobeAGMSigned.pdf) |
| 2026-08-21 | [Shareholders meeting](https://nsearchives.nseindia.com/corporate/GLOBE_21082026161226_Noticeof31stAGMSigned.pdf) |
| 2026-08-21 | [Record Date](https://nsearchives.nseindia.com/corporate/GLOBE_21082026165747_210826RecorddateNSESigned.pdf) |
| 2026-08-13 | [Copy of Newspaper Publication](https://nsearchives.nseindia.com/corporate/GLOBE_13082026151616_NewspaperpublicationFRQ1signed.pdf) |
| 2026-08-12 | [Appointment](https://nsearchives.nseindia.com/corporate/GLOBE_12082026143718_IntimationofAppointmentofIDreg30Signed.pdf) |
| 2026-08-11 | [Updates](https://nsearchives.nseindia.com/corporate/GLOBE_11082026115512_ReleaseofpledgeBhavikParikhSigned.pdf) |
| 2026-07-07 | [General Updates](https://nsearchives.nseindia.com/corporate/GLOBE_07072026154419_GEILObservationletter060726.pdf) |
| 2026-07-06 | [Certificate under SEBI (Depositories and Participants) Regulations, 2018](https://nsearchives.nseindia.com/corporate/GLOBE_06072026173518_Reg74_5_Signed.pdf) |
| 2026-06-25 | [Trading Window](https://nsearchives.nseindia.com/corporate/GLOBE_25062026150053_ClosureofTradingWindowNSE300626singed.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-08-21 | [Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/GLOBE_21082026155600_OutcomeofBM21082026signed.pdf) |
| 2026-08-12 | [Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/GLOBE_12082026142934_OutcomeofBM12082026Signed.pdf) |
| 2026-05-21 | [Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/GLOBE_21052026155825_OutcomeBM2105202signed.pdf) |
| 2026-02-07 | [Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/GLOBE_07022026130133_0702IntergratedfilingdisclosureSigned.pdf) |
| 2026-02-07 | [Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/GLOBE_07022026124834_070226outcomeofBoardMeetingNSESigned.pdf) |
| 2025-11-05 | [Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/GLOBE_05112025113949_05112025OutcomeBoardMeeting.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Annual Report 2026 from nse](https://archives.nseindia.com/annual_reports/AR_30491_GLOBE_2025_2026_A_10741644_21082026162424.pdf) |
| from nse | [Annual Report 2025 from nse](https://archives.nseindia.com/annual_reports/AR_27867_GLOBE_2024_2025_A_9474680_29082025145441.pdf) |
| from nse | [Annual Report 2024 from nse](https://archives.nseindia.com/annual_reports/AR_26095_GLOBE_2023_2024_06092024221014.pdf) |
| from nse | [Annual Report 2023 from nse](https://archives.nseindia.com/annual_reports/AR_23648_GLOBE_2022_2023_06092023171317_09062023180014.zip) |
| from nse | [Annual Report 2022 from nse](https://archives.nseindia.com/annual_reports/AR_21361_GLOBE_2021_2022_05092022165743_09052022170027.zip) |
| from nse | [Annual Report 2021 from nse](https://archives.nseindia.com/annual_reports/AR_19636_GLOBE_2020_2021_07092021182204_09072021190045.zip) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Jan 2025 | [Concall - Jan 2025](https://nsearchives.nseindia.com/corporate/GLOBE_23012025121536_InvestormeetupdateGlobe.pdf) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T19:14:15.096Z.